US Olympic Committee announces Los Angeles bid for 2024 Games

The United States Olympic Committee has announced Los Angeles as its candidate for the 2024 Summer Olympic Games, joining Budapest, Hamburg, Paris and Rome in the running. The International Olympic Committee will make its selection in 2017.

"I want to thank Los Angeles for standing up once again as America’s bid city for the Olympic & Paralympic Games," United States Olympic Committee CEO Scott Blackmun announced in a press conference.

Earlier in the afternoon, Los Angeles City Council has unanimously approved a proposal that authorized Mayor Eric Garcetti to sign off on a 2024 Olympic bid for the city, which outlines over $6 billion in public and private

“This is a great day for Los Angeles and a great day for the Olympic movement,” Garcetti said in the press conference.

Los Angeles believes the city would be able to cover any overrun costs, which is something Boston officials refused to put their city on the hook for in their short-lived candidacy. Boston's Olympic bid came to an end on July 27 as Boston mayor Marty Walsh said he would not put taxpayers at risk by signing a contract with the United States Olympic Committee.

Los Angeles looks to host its third Summer Olympics after hosting in 1932 and 1984. The United States has not hosted a Summer Games since Atlanta hosted in 1996.

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